Category: Press Releases

Congratulations to WorldRemit on being one of the first global fintechs to achieve licenses in all 50 states. This enables customers across the country to use the company's fast, convenient service, which specializes in ...

COLUMBIA, S.C. – May 14, 2018: South Carolina Attorney General Alan Wilson announced the creation of the Money Services Division of the Attorney General’s Office. The recently enacted South Carolina Anti-Money Laundering ...

Remittances to low- and middle-income countries are on course to recover in 2017 after two consecutive years of decline, said the latest edition of the World Bank’s Migration and Development Brief.
The Bank estimates ...

Finder.com announced its Money Transfer Awards. They announced based on a study, which formed the foundation of the inaugural finder Money Transfer Awards, assessed over 35 providers across 45 factors. Over 1,500+ data p ...

In November, Governor Wolf signed into law Act 129 of 2016, which amended the Money Transmission Business Licensing Law. This law will create significant changes in the way you conduct your business in Pennsylvania. The ...

Commonwealth’s De-Risking Meeting in London - IMTC

[…] Judie also mentioned that there were many in attendance that blamed the United States for the wave in de-risking in the world due to the Department of Justice’s enforcement actions that have been aimed at large banks. Banks were also being blamed as they imposed a “one size fits all” approach. The fact that US Banks are forcing correspondent banks in developing countries to close the bank accounts of local MSBs is also fueling the blame aimed at US institutions. Read more here. […]